Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: DMaA who wrote (770790)	11/3/2022 10:48:48 AM
From: Sdgla	Read Replies (1) \| Respond to of 793914

He labels it as Ukraine getting into massive debt to the US. My interpretation is he’s saying the Ukrainians were given $$ but no training for the hi tech weaponry to combat the Russian tech being used. Probably why they turned around and sold a lot of it on the black market. $$ laundering is a dirty biz .. this highlights what he claimed that nato members were suffering the most : Uniper Posts $39 Billion Loss, Highlighting Ukraine War’s Corporate Fallout The energy giant, which will soon be nationalized, said it was finalizing the details of additional support measures wsj.com BERLIN—Energy giant Uniper SE UN01 -4.95%decrease; red down pointing triangle posted a net loss of around $39.3 billion for the first nine months of the year—one of the biggest in Germany’s corporate history—highlighting the financial fallout from Russia’s decision to throttle natural-gas deliveries to Europe. The company, which is soon to be nationalized by Germany in an attempt to stabilize it and protect its customers, said Thursday it was finalizing the details of additional state-support measures. Russia has cut gas supplies to Europe in what Western officials say is an economic attack in retaliation for their support for Ukraine. The impact has spread across countries and businesses, boosting energy prices and threatening to tip Germany and other nations into a recession. Uniper, which was Germany’s largest importer of Russian gas before the war, has become a major corporate casualty. By deciding to nationalize it, Berlin has moved to save a systemically important company as Europe’s races to shift away from its decadeslong reliance on Russian fossil fuels. “Our half-year numbers already indicated that this has left massive scars in our financial results,” Chief Financial Officer Tiina Tuomela said. “Implementing the stabilization package therefore has the highest priority.” Since the start of 2022, Uniper’s shares have lost around 93% of their value. The stock was trading down 4% Thursday.